Develop a document flowchart for the following information flow: The individual stores in the Easy Stop convenience
Question:
Develop a document flowchart for the following information flow: The individual stores in the Easy Stop convenience chain prepare two copies of a goods requisition form (GRF) when they need to order merchandise from the central warehouse. After these forms are completed, one copy is filed in the store’s records and the other copy is sent to the central warehouse. The warehouse staff gets the order and files its copy of the GRF in its records. When the warehouse needs to restock an item, three copies of a purchase order form (POF) are filled out. One copy is stored in the warehouse files, one copy goes to the vendor, and the third copy goes to the accounts payable department.
Accounts PayableAccounts payable (AP) are bills to be paid as part of the normal course of business.This is a standard accounting term, one of the most common liabilities, which normally appears in the balance sheet listing of liabilities. Businesses receive...
Step by Step Answer:
Core Concepts Of Accounting Information Systems
ISBN: 9781118738108
1st Canadian Edition
Authors: Mark G. Simkin, Carolyn A. Strand Norman, Scott Paquette